Selma, Texas.
Typical home $280,712 (-2.9% in a year), asking rent $1,335 (-3.2%). San Antonio-New Braunfels, TX metro.
to buy the typical home at today's mortgage rate — +$656 (+80%) since Jan 2020.
- 1 year
- Down $8,530 -3%
- $289,242$280,712 since Sep 2025
- 5 years
- Up $7,044 +3%
- $273,668$280,712 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Selma$1,473
- Texas$1,556
- United States$1,922
Typical home values in Selma, TX fell 2.9% over the past year — slower than the nation's +1.2%.
Asking rents in Selma, TX fell 3.2% over the past year — slower than the nation's +2.7%.
Owning the typical home in Selma runs $844/mo more than renting one. The gap peaked at $1,064 in Oct 2023.
That is $2,179 a month against $1,335 rent: a $1,473 mortgage payment, plus $405 property tax and $301 insurance & upkeep.
Owning vs renting — Selma
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,179
- Renting$1,335
- Mortgage only$1,473
Property tax · $405/mo 1.73% of value a year — the ACS 2020-2024 median bill over the median home value for Bexar County, TX
Insurance & upkeep · $301/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Selma, Bexar County, Texas
Selma is a city of 10,952 people in Bexar County. Half its households earn more than $97,066 a year and half less, against $72,341 across Bexar County; 6% of its people live below the poverty line. 64% of its homes are lived in by their owners and 36% are rented. Unemployment in Bexar County was 4.6% in August 2026, and the county had 0.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then transport and warehouses.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Selma is a small city in Bexar County, with household incomes well above the county's and fewer residents living below the poverty line than you might expect. Most homes are lived in by their owners, and residents tend to be younger than in many towns of its size. A good share of adults hold a four-year degree, and winters are mild while summers turn hot, with August the warmest month.
Work. Residents work mostly in schools, hospitals and social care, followed by transport, warehouses and utilities, then shops and professional and business services. Some of the largest workplaces in Selma are O'Reilly Auto Parts, Costco Wholesale and Target. Commutes tend to be fairly long, and a good many people work from home.
Things to do. Verizon Wireless Amphitheater, a theatre in or beside town, is the closest place for an evening out. A short drive away are Natural Bridge Caverns, a protected area, and Toyota Field, a stadium. For a longer outing, San Antonio Zoo is a longer drive away.
Report a mistake
- 4,221households
- 37%of adults have a degree
- 6%below the poverty line
- 30 mintypical commute
- 20%work from home
What residents work in
Employed residents by industry, from the Census survey. Bexar County had 937,109 jobs in 2025, 0.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 63° and lows near 41°; warmest in August, with highs near 96° and lows near 73°.
Average daily high and low, 1991–2020, at the Randolph Afb weather station, 4 miles away (NOAA).
Largest workplaces in Selma
- O'Reilly Auto Parts380
- Costco WholesaleWholesale grocer264
- Munters SelmaAir-conditioning equipment manufacturing239
- SpawGlass Contractors Inc. - San AntonioCommercial building construction general contractors236
- TargetDiscount department stores186
- Texstar EnterprisesAll other specialty trade contractors110
- Trucare Living Centers - SelmaNursing homes67
- O'Reilly Auto Parts60
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 1,681 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingVery high
- HailRelatively high
- TornadoesRelatively high
- Heat wavesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Selma’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Bexar County and the San Antonio-New Braunfels, TX metro.
Selma home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Selma$280,712
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 3 Selma listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Selma35.12%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Selma56
New listings per month
Sellers arriving at the market.
- Selma13
Zip codes with a Selma address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Selma — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.